WBT.ASX: Response to Price Query

Response to Price Query

Stock	Weebit Nano Ltd (WBT.ASX)
Release Time	19 Aug 2025, 9:52 a.m.
Price Sensitive	Yes

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Weebit Nano responds to ASX price query

Key Points

Weebit Nano confirms it is in compliance with ASX Listing Rules
Article on Motley Fool website about broker report was false
No undisclosed information that could explain recent trading

Full Summary

Weebit Nano Ltd (ASX: WBT) has responded to an ASX price query regarding the increase in trading price and volume of its securities from 14 August 2025 to 18 August 2025. Weebit has confirmed that it is in compliance with the ASX Listing Rules, particularly Listing Rule 3.1. The company stated that an article on the Motley Fool website referring to a reputable broker placing a buy recommendation on WBT shares and including a price target was false, as the broker has confirmed they did not prepare such a report. The article was subsequently removed from the Motley Fool website. Weebit has advised that it is not aware of any information concerning the company that has not been announced to the market and which could explain the recent trading in its securities.